EXPANDING BLACK BUSINESS CREDIT INITIATIVE CLOSES $29M FOR THE BLACK VISION FUND

The Expanding Black Business Credit Network (EBBC) announced today the completion of its Black Vision Fund. The fund will make long-term loans to six successful Community Development Financial Institutions (CDFIs) with a strong history of inclusive investing in order to increase their lending to small companies in underrepresented communities. One of the key goals is to close the racial wealth gap that afflicts the Black community.

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